Cosfop Ltd

Cosfop Ltd, based in Leicester, UK, is a small, active company founded five years ago in January 2020. With two employees and £614,537 in assets, it operates from a real address and is led by a single director and owner – a solo founder. The company has a stellar 5.0 Google rating based on one review. Cosfop Ltd regularly imports machinery, boilers, and mechanical appliances, with four months of import activity recorded as of February 2023.

The company’s website describes Cosfop Ltd as a marketing consultant, offering services and brands. It has a contact form and provides phone and address details, as well as opening hours. The website is simple and functional, suggesting a focus on direct communication rather than extensive online marketing. It’s not clear if the company is primarily ecommerce, but the contact form and opening hours suggest a blend of online and offline interactions.

Financially, Cosfop Ltd presents a mixed picture. While current assets have decreased by 10% to £610,000, net assets have increased by 21% to £230,000. However, cash bank on hand has plummeted 64% to just £3,800, and trade debtors have skyrocketed by 170% to £610,000 – a significant increase that could indicate delayed payments or expanded credit terms. Depreciation impairment property plant equipment has also increased by 110%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decrease in cash reserves is a concern. As a small company, it is exempt from an audit, so the figures are unaudited.

In short, Cosfop Ltd appears to be facing some cash flow challenges, despite a growing net asset position. The increase in debtors suggests a need to manage customer payments more effectively. It’s a small business, and it seems like it’s working hard, but the numbers show it needs to keep a close eye on its finances.

Registered in England/Wales under the registration number 12388863, with a registered address at LE5 5FW, England, Leicester, Unit 2-7-8, Wakerley Center 101-103 Margaret Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.